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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. The Company is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Comment by Mr.Monopolyon Feb 23, 2020 11:48am
74 Views
Post# 30722714

RE:Coming soon.........

RE:Coming soon.........Amazing find Brick. This is happening a lot quicker then I thought. At the Annual Shareholder meeting, I asked Levy what could shareholders do to help speed up this process? The Levy's said, in a nutshell, their on it and working closely with government officials, but hey it would help if shareholders did contact their MPs and MPPs. I've done this and urge anyone else long SCR to do so. MR2 had a great template for anyone too lazy to draft one up themselves. I dont see why any party would not want this to pass as that party would just be blamed for lost jobs in the casinos and ancillary businesses. The States passed it so Canada needs to now as well.  

As for share price, what do I do when share price goes down and nothing has changed in my thesis...buy more!  
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